Republicans who backed loan limits and slashed federal student aid are counting on private lenders to step in. Critics argue they’ll only fund students with strong credit history, limiting college access for those who are low income.
Republicans who backed loan limits and slashed federal student aid are counting on private lenders to step in. Critics argue they’ll only fund students with strong credit history, limiting college access for those who are low income.
Published on
June 24, 2026
Last updated
June 24, 2026
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The proposed change is unlikely to become law before July 1, when the loan caps take effect.
